24 days on rocket

358 Fernando Ave, Palo Alto, CA, 94306

$1,580,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath
672 SqFt
$2,351/SqFt
House
Schools Nearby

Location

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358 Fernando Ave, Palo Alto$1,580,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built1966
HeatingElectric, Heat Pump
CoolingWall/Window Unit(s)
MLS #ML81959957
Lot Size0.06 Acres
StatusActive

About 358 Fernando Ave

Most affordable Palo Alto SFH on the market! This 1 bedroom + 1 additional room home is situated on a peaceful, tree-lined street in the heart of Palo Alto. Abundant natural light. A new roof, fresh paint, and wood floors throughout. All-white kitchen featuring a central island with a breakfast bar. Enjoy the convenience of a spacious attached garage. Stay comfortable year-round with an energy-efficient Halcyon heating and A/C system. Low-maintenance Zen-like garden, featuring river rocks, stone pathways, and multiple decks, perfect for entertaining with family and friends. Renowned Palo Alto school district, including top-rated Gunn High School. Offering an excellent commute with tech company shuttles, easy access to 101, 280 and other major routes. Nearby Boulware Park is undergoing expansion and renovation, and California Avenue's shops and restaurants, as well as Stanford University, are at your fingertips.

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Stories: 1
  • Living Area: 672 SqFt

Listing Office:

  • Office Name: Silversage Realty Inc
  • Office Phone: (650) 300-9048
  • Listing Agent: Hao Chu

Interior Features

Interior Information:

  • Appliances: Refrigerator, Vented Exhaust Fan

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Henry M. Gunn High School, Public District Grades 9-12
  • Terman Middle School, Public District Grades 6-8
  • Barron Park Elementary School, Public District Grades KG-5
  • Herbert Hoover Elementary School, Public District Grades KG-5
  • Ohlone Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Cross Street: Orinda St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,580,000
  • Price Per SqFt: $2,351/SqFt

Tax Information:

  • Annual Amount: $16,805
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palo Alto, CA.

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Palo Alto, CA

City

Med. Sold Price

$2.9M

Med. Price/SqFt

$1,671

Avg. Days On Market

26

# of Sold Homes

41

358 Fernando Ave vs Palo Alto

24 DAYS ON ROCKET

-2 Days

$1,580,000

-$1.3M Less

$2,351/SqFt

+$680 More

KEY TAKEAWAY

This property is $1.3M less than the Median Sold Price and $680/SqFt more than other homes in Palo Alto, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81959957

Listing Office:

  • Office Name: Silversage Realty Inc
  • Office Phone: (650) 300-9048
  • Listing Agent: Hao Chu

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 9:20:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 28, 2017Home Sold
$1,300,000
Feb 20, 1997Home Sold
$230,000

Tax History

YEARPROP. TAXASSESSMENT
2021$16,805$1,367,372
2020$16,804$1,353,352
2019$16,167$1,326,816
2018$16,167$1,300,800
2017$4,643$322,750

History based on county public records data.

Payment Calculator

$7,953

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,803

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1617665
7
/10

  • Barron Park Elementary School

  • 800 Barron Ave

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-1617666
9
/10

  • Herbert Hoover Elementary School

  • 445 E Charleston Rd

  • 1.13 miles

  • Public District Grades KG-5

school-card-donut-1617667
9
/10

  • Ohlone Elementary School

  • 950 Amarillo Ave

  • 1.37 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1617668
8
/10

  • Terman Middle School

  • 655 Arastradero Rd

  • 1.39 miles

  • Public District Grades 6-8

High School

school-card-donut-1617669
9
/10

  • Henry M. Gunn High School

  • 780 Arastradero Rd

  • 1.43 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,181. The majority of Palo Alto, CA residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 358 Fernando Ave

What is the listing price of this property?

The listing price of 358 Fernando Ave property is $1,580,000.

What type of property is this?

The property 358 Fernando Ave is a house located in Palo Alto, California, 94306.

Is this property for sale now?

Active Listing: 358 Fernando Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 358 Fernando Ave are:
Barron Park Elementary School: GreatSchools Rating 7/10
Herbert Hoover Elementary School: GreatSchools Rating 9/10
Ohlone Elementary School: GreatSchools Rating 9/10
Terman Middle School: GreatSchools Rating 8/10
Henry M. Gunn High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $16,805 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 28, 2017 for $1,300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 358 Fernando Ave has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 358 Fernando Ave is 672 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 358 Fernando Ave is 1966.

Rocket Homes›California›Santa Clara County›Palo Alto›94306›358 Fernando Ave

This home is located at 358 Fernando Ave in Palo Alto, CA and zip code 94306 in the Ventura neighborhood. This 672 square foot home, which was built in 1966, sits on a 0.06 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $1,580,000.

While more than 27 listings in Palo Alto, CA in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 8 were sold below. The number of homes for sale in Palo Alto, CA increased by 31.6% between February 2024 and March 2024. While the average time on the market in March 2024 was 26 days, the median list price was $2,951,875.

From Rocket Homes Real Estate and based on county public records data.

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